Tuesday, May 19, 2009

Senate weighs plan for government health insurance

 
Look out Aetna, Humana and UnitedHealthcare. Senators are meeting behind closed doors to consider whether the federal government should jump into the health insurance business.
The government already covers medical care for seniors, disabled people, poor families and many children. But coverage in those programs is restricted to people who meet certain qualifications, including age and income.
 
The issue now is whether middle-class workers and their families should be offered the choice of joining a government-sponsored plan similar to what they get through their employers.
 

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Victor Lloyd Smith

Millennium Lyon Asset Management

 

 

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